Tamil Nadu Cooperative Milk Producers’ Federation Invites Bids to Procure 30 MW Renewable Energy Updated On Mon, May 15th, 2023 by Saurenergy The Tamil Nadu Cooperative Milk Producers’ Federation (TCMPF) solicits bids to procure 30 MW of solar, wind or surplus power from producers. This is for a duration of five years. The procurement of power will take place through open access arrangement and the project will be set up in various facilities such as a dairy-cum-powder […] Read more
Vibrant Energy Places Order for c.149 MW Wind Energy with Envision Energy Updated On Mon, May 15th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101MW Cumulative Capacity Updated On Mon, May 15th, 2023 by Saurenergy Renewable energy firm Bruc has completed the acquisition of eight new solar PV power generation plants from independent renewable energy producer Opdenergy with a cumulative capacity of 444 MW. This transaction is part of the agreement reached between Bruc and Spanish Independent Power Producer (IPP) Opdenergy in August 2021 for the sale and purchase of 20 solar […] Read more
Govt Owned Firms Install Just 1,632 MW of RE Capacity In India As On April ’23 Updated On Fri, May 12th, 2023 by Saurenergy The National Power Portal has released its latest report for the renewable capacity that India installed at the close of April 2023. The cumulative installed capacity stood at 125692 MW as on April 30, 2023. Not surprisingly, of this, solar power claims a large chunk of 67077.88 MW, while wind stands at 42868.08 MW. Notably, […] Read more
Ireland First Offshore Wind Auction: 3.1 GW Awarded in Four Projects Updated On Fri, May 12th, 2023 by Saurenergy Ireland has awarded four offshore wind energy projects of capacity nearing 3,100 Megawatt (3.1GW) in its first offshore wind auction conducted under Renewable Electricity Support Scheme ‘ORESS 1.’ The 1,300 MW Codling Wind Park will be owned and developed by a joint venture of Fred. Olsen Seawind and EDF Renewables. RWE has said it will […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report Updated On Thu, May 11th, 2023 by Saurenergy A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […] Read more
Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
